China Television Media, Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:38 am EDT
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China Television Media, Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 427.129 million compared to CNY 531.744 million a year ago. Operating loss was CNY 118.902 million compared to operating Income of CNY 105.961 million a year ago. Net loss was CNY 81.127 million compared to net income of CNY 75.794 million a year ago. Basic loss per share from continuing operations was CNY 0.204 compared to basic earnings per share from continuing operations of CNY 0.191 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.
CHINA TELEVISION MEDIA, LTD. 
